December 20, 2024 – Richmond American Homes purchased a 149 Platted & Engineered Lot subdivision s within the Kimura Gardens site located at 19th Ave & South Mountain Ave, Phoenix, Arizona. The site consists of 149 Platted & Engineered Lots as follows: 100 Lots | 60’ x 130’, 20 Lots | 65’ x 130’ & 29 Lots | 75’ x 130’. The cash purchase price was $14,750,000 | $98,993/P&E Lot. The Seller in this transaction is Newcastle Development / Providence Homes. Grant D. Helgeson and Don McCaul of the Westland Properties Group represented both parties in this transaction.